2021-2025 Chilean pet care market size, share, analysis, opportunity and forecast report

2021-11-13 07:50:04 By : Ms. Cici Yu

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Dublin, November 9, 2021/PRNewswire/-"Chile pet care market size, share and analysis, by category (dog food, cat food, other pet food, cat litter, pet health, pet dietary supplements, etc.) , Forecasts and opportunities by pet food type (dry food, wet food, pet snacks), 2021-2025" report has been added to ResearchAndMarkets.com's products.

The Chilean economy is in a weak position. The economy contracted by more than 4% in the quarter before the outbreak of Covid 19. The pandemic further severely affected the country, especially in the first half of 2020.

According to data from the Central Bank of Chile, the country's GDP growth in 2020 will exceed 5.8%. This triggered the government's fiscal stimulus plan, announcing a $11.8 billion (4.7% of GDP) stimulus plan in response to the economic impact. The 2020 Covid-19 pandemic.

The package focuses on three pillars: strengthening the healthcare system, implementing measures to prevent income loss and reduction, and supporting small and medium-sized enterprises through tax measures. These measures have helped the economy achieve recovery, and GDP growth in 2021 is expected to reach 4.75% to 6.25%.

The entire industry has felt the impact of the pandemic, but FMCG and pet care have shown resilience and achieved positive growth. As the economic outlook improves, the pet care industry will remain attractive.

Chilean pet care gains further benefits:

According to this report, despite the challenges of the Covid 19 pandemic and slowing GDP growth, the pet care industry continues to maintain its growth momentum.

According to data from the Chilean Agriculture and Livestock Service Agency, as of 2021, the Chilean government has approved and registered 147 new imported pet foods in the local market. Among them, 69% are dog food products and the remaining cat food products. The national pet care industry has benefited from the humanization of pets and the declining birth rate, with a year-on-year growth of more than 5% in 2020.

In terms of market segment performance, the dog food and cat food sectors outperformed the dry dog ​​food and cat food sectors. Because of the continuity of working at home, pet owners spend more time with their pets and ultimately reward their pets with more high-quality products. Help achieve higher year-on-year (YoY) growth in 2020.

Chile has launched 8 new products in the dog food and cat food categories, of which dog food accounts for more than 62% of these new products. In the cat food category, Champion SA has launched a new high-quality cat food under the Champion Cat Naturals brand, which contains 35% high-quality protein and amino acids essential for cat body development. The new product is aimed at cat owners who are keen to feed their cats with high-quality products.

Over the years, Cannes, a premium dog food brand, has benefited greatly from the dry, wet and dog food segments, and its value share is almost Doubled.

Global giants Mars and Nestlé Purina will jointly dominate the national pet food market in 2020. Other well-known pet food companies include Empresas Carozzi SA, Champion SA, etc.

Chile remains in lockdown from March 2020 to September 2020, which promotes online sales of pet food and sales in traditional stores, especially in the first and second quarters of 2020. The pandemic, but chose the local pet shop.

This trend is likely to continue, because according to our internal consumer survey in Chile, more than 51% of e-shoppers stated that they will continue to buy pet food from e-retailers in the post-pandemic period.

4. Global pet care market outlook 4.1. The size of the global pet care market is 4.2 in terms of value and volume. Global pet food company share

5. South American pet care market outlook 5.1.1. The South American regional share, by value 5.1.2. South American pet care market size, 5.1.3 in terms of value and volume. South American pet food company share, by value

6. Chilean pet care market outlook 6.1. Market size and forecast, 6.1.1 by value and volume. Dog food category size, according to value and quantity The part of dog food (dry dog ​​food, wet dog food, dog food) is based on value and volume 6.1.2. Cat food category size, according to value and quantity Cat food part, (dry cat food, wet cat food, cat food) according to value and volume 6.1.3. Cat litter category size, according to the value 6.1.4. Pet health category size, according to the value 6.1.5. Other pet food category size, according to value 6.1.6. Pet dietary supplement category size, according to the value of 6.1.7. Other pet product category size, according to the value of 6.2. The share of pet food companies is valued at 6.3. Pet care distribution channel share, by value

7. Chilean pet care market dynamics 7.1. Driver 7.2. challenge

8. Chilean pet care trends, opportunities and development

9. Chilean pet care policy and regulatory landscape

11. Competitive landscape 11.1. Mars Corporation 11.2. Nestlé Purina 11.3. Empresas Carozzi SA 11.4. Cannes 11.5. Champion SA

For more information about this report, please visit https://www.researchandmarkets.com/r/ihir4c

Research and Marketing Laura Wood, Senior Manager [email protected] EST office hours dial 1-917-300-0470 US/Canada toll free 1-800-526-8630 GMT office hours dial 353-1 416-8900 US fax : 646-607-1904 Fax (outside the United States): 353-1-481-1716

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